I like Cronulla. Public transport is ok.  I have never lived there nor spent much time there after dark. Ive also heard its a little rough.  Not seen it myself.Personally I find its a good balance as you have the beach, can drive to the city.  You are also on the Royal national park which is nice too.Before you buy do full due dilligence. ie gr…[Read more]

Okays both Property and shares are equally safe!  Yes if you trade property short term you are subject to massive volatility, just like if you trade shares.If you hold both for the long term both have less volatility.  The main difference is shares give you market value every second of every day. Should you look at this? Hell no if you are in it f…[Read more]

If they struggle with the concept you can also ensure they are aware the only other solution is to replace the system with an electric one. This would increase the cost of hot water….

Nice tongue in cheek post. Very funny!I think you should follow what others have already said. Learn to share!  Much more rewarding!  Share with your wife, share with your community and share with the world.  Do it both with your $$$ and with your time!I think you will be surprised how much better it will make you feel for such a little cost.

Barney.  Good for you.  In this world there are many peope who hold their faith in god.  Some are for real (Im sure Steve is) and some are quite deceptive.How do you know which ones to support?At the end of the day the question comes down to: Can you trust this person?  If Yes then you can move onto their believes, morals, etc.

Hi,This is a non lease not compliance answer.  Generally in NSW, Qld and Vic the landlord pays both usage and rates for Water for units.  Its from the old days where the water meter was shared for all tenants.  May possibly also be due to how the waterboard current read meters.For houses landlord pays rates and tenant pays usage.This is just st…[Read more]

Im not sure if it is bleak as crashy indicates.  We need to remember the sharemarket also exists to facilitate the purchase of shares in companies.  Not all companies will be impacted by the oldies.  Lets think of Westfarmers, BHP, RIO and there are plenty more.  Demand vs supply is only one factor. So long as these companies continue to pro…[Read more]

I guess sadly they have no incentive to find a new tenant. While you are paying they can focus on other things.  If you are paying for it, be sure you have full control over it.  It is a very expensive lesson about maintaining personal records.  Murphys law always comes back to bite you on the one peice of paper you throw out.I hope it all tu…[Read more]

Okays I have not done what you are proposing but have witnessed nasty legal battles between the BC and a tenant.  Making everyone pay!  Yes the BC is funded by all tenants.So I would suggest communicate and keep talking with the BC and all the members.  I would guess you need to submit your plans to the BC for an approval. They will explain to yo…[Read more]

Quite a lot of land is reclaimed industrial.  Im not sure how they may sure its chemical free but I would not plant any orange trees there!It is family type place to live, I used to live at Liberty Grove near by before they built the shopping center.  So a unit may be ok.

Adam I wish you well with your challenge and good luck.To the rest of you.  If you are feeling charitable then donate to a not for profit charity rather than someone who wishes to profit…Regards,

Any bean counters here?As far as I know CGT is based on sale price less the purchase price + what ever the legislation allows (eg hold for more than 12 months, etc).Depreciation does not impact the CGT payable at all?

Marc,I did not write that.  My userid is mathewc73.  That was not posted by me.Regards,

Hello,I just need to set the record straight:Crashy; do you need any more proof that I'm right for god's sake? You keep saying I've got a chip on my shoulder – how could I not? That's 3 tradies in 3 posts all admitting to gouging. You, racetrackman and Matt. Can we have even one tradie post here that has never tried to gouge a client, or not turn…[Read more]

I tend to disagree.Im of the opinion a phone line is now a basic service and if the tenant requests it the tenant should only pay for the connection fee.  Whether it be physical connection or remote conneciton.If the line is damaged, I believe the landlord should repair it.  The line will be there for longer than the tenant.I own a number of hou…[Read more]

Hi Albert,I hope this will also help…Myths:1. A tradie who is busy is not always the best2. A tradie who has little on does not mean he does a bad job3. A referral does not mean the tradie is good.Facts:1. A tradie is a good as his last several jobs2. Like everything multiple jobs, creating a good working relationship will allow you to keep and…[Read more]

Hello,Im not sure what state you are in but each state has something like: http://www.fairtrading.nsw.gov.au/realestaterenting/tenantslandlords/repairs.html.It does not state anything to do with the phone line but I have friends who have contacted fair trading and have found them very helpful.Im not sure how smart your landlord is.  If it was…[Read more]

It also states you have to pay to find out if they have information on you.  Is that right?If someone lodges something against you, and you want to know what it is you need to pay?  I would have thought they would have to disclose information they hold about you for free.Hmmm…

Be the first to ask for an "indication of the price range".  Give the impression you want to know if its something you would like on your radar or not.Some will tell you, others will request you submit your offer.

Hi,My first property was a unit at Mermaid Beach, Q.  It was in 1997 just before the market took a dive so it took me quite a few years to recover.  A house in Q at the same time would have caused the same problem.Units are great. Statistically, in most areas they do not appreciate as much as houses.  But they are an almost set and forget in…[Read more]